Re/insurers can play a vital role in supporting infrastructure development in Africa through risk mitigation solutions and by acting as significant institutional investors, according to a recent report by the African Insurance Organisation (AIO).
More than $1 billion in lightning-caused US homeowners insurance claims were paid out in 2021, according to the Insurance Information Institute (the Triple-I).
Proxy advisory firms have split in their assessments of Tiptree Inc.’s proposed sale of its specialty insurer Fortegra to DB Insurance, setting the stage for a contentious shareholder vote at the company’s Special Meeting on December 3rd.
Specialist renewables loss adjuster, RELA, has unveiled a new global property service that is tailored to the non-delegated authority and Third-Party Administrator (TPA) market.
Artemis’ second-quarter 2022 catastrophe bond and related insurance-linked securities (ILS) market report pegs issuance at approximately $5.2 billion for the period, which takes the outstanding market to a new high of $38.2 billion.
The Reinsurance Association of America’s (RAA) president Frank Nutter testified before the US’s House Subcommittee on Housing, Community Development and Insurance in support of a long-term reauthorization and reforms related to flood insurance.
CyberCube, a provider of cyber risk analytics, has partnered with US insurer Aviva to harness artificial intelligence (AI) for cyber threat actor intelligence.
Agents and Brokers, Emerging Risks, Environmental, Marine, P/C Insurers, P/C Pricing European Union, Middle East/Africa
Coronavirus, Coverage Disputes, P/C Insurers Chubb Ltd., Liberty Mutual, Zurich
HDI International has acquired the retail business of Brazilian firm Sompo Seguros.
Coinbase has boosted its derivatives business by agreeing to buy crypto options exchange Deribit for $2.9 billion.
Fitch Ratings maintains a ‘neutral’ fundamental sector outlook for the US property/casualty (P&C) insurance sector in 2026, as well as for both commercial and personal lines.
